312 N 3rd St · Clyde, TX 79510

$59,900

1 bd · 1.0 ba · 582 sqft · SingleFamily public records · 101 Days on market

Built 1946 3,049 sqft lot $103/sqft · at area comps Est $57k · at est.

---

Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• ARV discount +5.5/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great potential for someone to finish this property out! All brand new windows, all new plumbing and electrical run. LVP flooring through out. Kitchen has electric range and dishwasher, awesome kitchen sink and faucet. Just need to finish out walls and add some finishing touches! Spacious 2 car carport. Fenced side yard. Would make a great home or rental property when finished!

Key facts

• Electric range
• Dishwasher
• Newer windows

Tags

• LVP FLOORING
• NEWER WINDOWS
• ELECTRIC RANGE
• DISHWASHER
• ELECTRICAL WORK
• PLUMBING WORK

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $281 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($869 rent vs $60k).
• Recommended offer: $55k (9.0% below list) — sets the bar for market timing.
• Cap rate 11.9% vs local median 3.2% in Clyde — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#498 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, employment C-, health & safety D+.
• Clyde CISD (town): math 42% / reading 42% proficiency, ranked #341 of 826 in TX (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 132 active listings in the ZIP; 11 units permitted in Callahan County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $414 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Callahan County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $13k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,509 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.45% ✓
• Cap rate: 11.93%
• Cash-on-cash: 20.12%
• DSCR: 1.90
• GRM: 5.7

CMA / ARV

• ARV (median comp): $57,290
• List price: $59,900
• Delta: 4.56%
• Verdict: FAIR
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.3%
• Equity multiple: 1.49×
• Total profit: $8,210
• Equity at exit: $8,931

10-year hold

• IRR: 21.2%
• Equity multiple: 2.80×
• Total profit: $30,240
• Equity at exit: $5,179

Cash invested: $16,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79510

• Home prices YoY: -21.6%
• Active inventory: 132
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $869 medium
• Mortgage (P&I): −$314
• Tax from tax record: −$66 /mo · $791/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$182
• Net cashflow: $281

Break-even live

Break-even rent $513

Max offer price $59,900

Occupancy floor 63%

Sensitivity live

Price	-10% $315	-5% $298	+0% $281	+5% $264	+10% $247
Rent	-10% $213	-5% $247	+0% $281	+5% $315	+10% $350
Rate	-1.0pp $311	-0.5pp $296	base $281	+0.5pp $266	+1.0pp $250

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Listing history 35 events

1. 2026-06-19
   days on market $59,900 Active 101 DOM
2. 2026-06-18
   days on market $59,900 Active 100 DOM
3. 2026-06-17
   days on market $59,900 Active 99 DOM
4. 2026-06-16
   days on market $59,900 Active 98 DOM
5. 2026-06-15
   days on market $59,900 Active 97 DOM
6. 2026-06-14
   days on market $59,900 Active 95 DOM
7. 2026-06-13
   days on market $59,900 Active 94 DOM
8. 2026-06-10
   days on market $59,900 Active 92 DOM
9. 2026-06-09
   days on market $59,900 Active 91 DOM
10. 2026-06-08
    days on market $59,900 Active 90 DOM
11. 2026-06-07
    days on market $59,900 Active 89 DOM
12. 2026-06-02
    days on market $59,900 Active 84 DOM
13. 2026-06-01
    days on market $59,900 Active 83 DOM
14. 2026-05-31
    days on market $59,900 Active 82 DOM
15. 2026-05-30
    days on market $59,900 Active 81 DOM
16. 2026-03-27
    price $71,000 382-char remark

    Show marketing remark (382 chars)

    Great potential for someone to finish this property out! All brand new windows, all new plumbing and electrical run. LVP flooring through out. Kitchen has electric range and dishwasher, awesome kitchen sink and faucet. Just need to finish out walls and add some finishing touches! Spacious 2 car carport. Fenced side yard. Would make a great home or rental property when finished!

17. 2026-03-10
    listed $72,900 Active 382-char remark

    Show marketing remark (382 chars)

    Great potential for someone to finish this property out! All brand new windows, all new plumbing and electrical run. LVP flooring through out. Kitchen has electric range and dishwasher, awesome kitchen sink and faucet. Just need to finish out walls and add some finishing touches! Spacious 2 car carport. Fenced side yard. Would make a great home or rental property when finished!

18. 2025-08-19
    soldstatus
19. 2025-08-06
    soldstatus Closed 508-char remark

    Show marketing remark (508 chars)

    Owner agent. Great investment property. Some work has already been done. Plumbing rough in completed, electricity rough in needs to be completed. All black appliances have never used. Still in boxes. Appliances are not located on the property but will be delivered before closing. All windows have been replaced with new windows. One window is still in the living room and needs to be installed. This home needs work but is in a great location in Clyde, TX. Contact me or your agent for a showing.

20. 2025-07-10
    status Pending 508-char remark

    Show marketing remark (508 chars)

    Owner agent. Great investment property. Some work has already been done. Plumbing rough in completed, electricity rough in needs to be completed. All black appliances have never used. Still in boxes. Appliances are not located on the property but will be delivered before closing. All windows have been replaced with new windows. One window is still in the living room and needs to be installed. This home needs work but is in a great location in Clyde, TX. Contact me or your agent for a showing.

21. 2025-03-06
    listed $45,000 Active 508-char remark

    Show marketing remark (508 chars)

    Owner agent. Great investment property. Some work has already been done. Plumbing rough in completed, electricity rough in needs to be completed. All black appliances have never used. Still in boxes. Appliances are not located on the property but will be delivered before closing. All windows have been replaced with new windows. One window is still in the living room and needs to be installed. This home needs work but is in a great location in Clyde, TX. Contact me or your agent for a showing.

22. 2023-08-31
    soldstatus
23. 2023-08-24
    soldstatus Closed
24. 2023-08-01
    status Pending
25. 2023-07-26
    historical Active Option Contract
26. 2023-07-15
    listed $35,000 Active
27. 2023-02-27
    soldstatus
28. 2021-12-22
    soldstatus
29. 2021-12-17
    soldstatus Sold
30. 2021-12-01
    soldstatus
31. 2021-11-24
    status Pending
32. 2021-11-22
    status Active
33. 2021-10-19
    status Pending
34. 2021-10-06
    historical Active Option Contract
35. 2021-09-22
    listed $30,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $791 · $66/mo
• Projected year-2 tax: $1,096 · $91/mo
• Expected delta: +$305/yr (+$25/mo · 38.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 6/10 Major 6 d/yr ≥103°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,423
• − Mortgage interest: −$3,355
• − Property taxes: −$791
• − Insurance: −$300
• − Repairs & maintenance: −$834
• − Management: −$834
• − Depreciation: −$1,743
• Taxable income: $2,567
• Est. tax owed @ 24.0%: −$616
• After-tax cash flow: $2,758/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Clyde CISD
• NCES district ID: 4814450
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 42% ▼ -2.00%
• Median HH income: $46,614
• Composite: 35.84/100
• National rank: #4824
• State rank: #341 of 826 in TX

Livability — Clyde

• Score: 68/100
• State rank: #498
• US rank: #9935

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C- Housing A+ Health & safety D+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clyde, TX
• Population (ZIP): 8,135

Population outlook (Callahan County) Hauer SSP2

• Today (2025): 13,664 people
• By 2030: 13,578 · -0.6%
• By 2040: 13,283 · -2.8%
• By 2050: 13,008 · -4.8%
• By 2075: 12,354 · -9.6%
• By 2100: 11,326 · -17.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 13% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Italian 8% Slovak 3% Serbian 3%
• Foreign-born: 1% · China
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 2%

Political lean MEDSL · Callahan

• 2024 margin: Solid R (+77.6) · D 10.9% · R 88.5%
• 2008→2024 swing: -15.9pp toward R · 2008: -61.7pp · 2024: -77.6pp
• All cycles: 2024: R+77.6 2020: R+77.3 2016: R+77.2 2012: R+69.8 2008: R+61.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.42%
• Current HPI: 186.6326
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+136.7% since first listed

20 events — show timeline

• 2026-03-27 Price Changed $71,000 NTREIS
• 2026-03-10 Listed $72,900 NTREIS
• 2025-08-19 Sold (Public Records) — Public Records
• 2025-08-06 Sold (MLS) — NTREIS
• 2025-07-10 Pending — NTREIS
• 2025-03-06 Listed $45,000 NTREIS
• 2023-08-31 Sold (Public Records) — Public Records
• 2023-08-24 Sold (MLS) — NTREIS
• 2023-08-01 Pending — NTREIS
• 2023-07-26 Contingent — NTREIS
• 2023-07-15 Listed $35,000 NTREIS
• 2023-02-27 Sold (Public Records) — Public Records
• 2021-12-22 Sold (Public Records) — Public Records
• 2021-12-17 Sold (MLS) — NTREIS
• 2021-12-01 Sold (Public Records) — Public Records
• 2021-11-24 Pending — NTREIS
• 2021-11-22 Relisted — NTREIS
• 2021-10-19 Pending — NTREIS
• 2021-10-06 Contingent — NTREIS
• 2021-09-22 Listed $30,000 NTREIS

Property tax history

+9.4%/yr

Latest (2025): $791 · -0.3% YoY. Source: county tax records.